US agrees to give Sudan access to over $1 bln: Govt

Published: Updated:
Enable Read mode
100% Font Size

US Treasury Secretary Steven Mnuchin signed on Wednesday an agreement giving Sudan access to more than $1 billion, during a one-day visit to Khartoum, the government said.

Sudan’s acting finance minister Hiba Ahmed and Mnuchin “signed a memorandum of understanding in Khartoum to provide a same-day bridge financing facility to clear Sudan’s arrears to the World Bank,” her office said in a statement.

Advertisement

For all the latest headlines follow our Google News channel online or via the app.

“This move will enable Sudan to regain access to over $1 billion in annual financing from the World Bank for the first time in 27 years.”

Read more:

US Treasury Secretary visits Khartoum following Sudan’s removal from terror list

US Secretary of State Pompeo signs on Sudan’s removal from Sponsors of Terrorism list

Top Content Trending